The rent prices in real estate in Mitchellville, in the Iowa region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Mitchellville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $0.95 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $0.98 to $0.96 per sq.feet. The price per sq.feet has had a considerable fall of 0 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $0.97 to during February, and March.
When referring to the price in Mitchellville (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $844. In November This price remains at $816. During the following two months (December, January) the price has had an average rise from $830 to $952. During the last two months the average price has fallen greatly compared to the previous four going from $891 to $751.5, which means a 84 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $759 they are 15 % more affordable than the average price for Mitchellville . The properties with the highest average price have 2 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 1 bedroom priced at $648.
According to average price per property type in Mitchellville, "" priced at $953 is 26 % more expensive than the average price ($759) in this city.